"Don't catch a falling knife."
People tend to buy and hold and forgot to set stop loss.
Emotions, in trading is the very first thing we know to be removed yet very hard to deal with it. Which is why the market cycle just keeps on repeating. From fear to euphoria. From winnings to Liquidation.
We should always avoid trading when our emotions are high. The key is to lower your leverage and look for a better setup, where gain is higher and lost is so little.
Hence, we should always know how much we are willing to lose when setting up a trade not just setting up and waiting for your profit setup.
Former CEO, you can now be free 👌and start moving into the next part of your life. Appreciate the work you've done so far and in the future.
Again. Be careful with whom you follow especially with those who will say they will help you beat the market. AVOID them! Because the market is always right and you can never beat it. We can only follow the trend. Alright??? ♥️😎
